PS3 now 499$ @ Amazon

The price cut, effective today, brings the 60-GB PlayStation 3 to $499, which puts it more in the range of the Xbox 360, which sells for $399 for a 20-GB version or $479 for a 120-GB model. Sony is also introducing an 80-GB PlayStation 3 console in August that will sell for $599 with a free copy of the racing game MotorStorm.